Asia-Pacific frozen pizza market is estimated to grow at a CAGR of 6.8% during the forecast period. Expansion of food service chains and increasing demand for ready-to-eat foods are some major factors boosting the market growth. McDonald’s, Domino’s Pizza, and Pizza Hut are some crucial food service chains for pizza in the region. Domino’s have more than 1,250 stores present in all over India. This number may increase coupled with the emerging demand for innovative pizzas in the country. Additionally, in November 2018, Pizza Hut India declared plans to open more than 200 more outlets in the country by 2022, which aims to widen its footprint in the country. As of November 2018, Pizza Hut operates nearly 431 stores across India. The opening of new retail outlets is providing ease to the pizza lovers to visit any nearest stores to get a range of new pizzas, which in turn, is propelling the market growth.
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Asia-Pacific frozen pizza market is segmented based on product and source. Based on the product, the market is classified into regular, premium, and gourmet. In 2019, regular frozen pizza has witnessed a potential share owing to the significant demand for low-cost pizzas in the region. The normal selections for regular pizzas include sausage, cheese, supreme, and pepperoni. Like gourmet pizzas, regular pizzas are not personally developed for an individual customer. Gourmet pizzas have a high cost compared to regular pizza. Based on the source, the market is classified into retail and food service chain.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Frozen Pizza Market by Product
- Regular
- Premium
- Gourmet
Asia-Pacific Frozen Pizza Market by Source
- Retail
- Food Service Chain
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Amy’s Kitchen, Inc.
- CJ CheilJedang Corp.
- Convenio Foods International Pvt.Ltd.
- August Oetker Nahrungsmittel KG
- FROZIT
- General Mills Inc.
- HyFun Foods
- Iceland Foods Ltd.
- McCain Foods Ltd.
- Nestlé S.A.
The Report Covers
- Comprehensive research methodology of the Asia-Pacific frozen pizza market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific frozen pizza market.
- Insights about market determinants which are stimulating the Asia-Pacific frozen pizza market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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